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50 Chatham Terrace

50 Chatham Terrace, Clifton, NJ 07013
Sold Feb 19, 1999
$192,500
$143,000 by 1st United Mtg
Mortgage
Sold Aug 25, 1997
$192,500
$143,000 by 1st United Mtg
Mortgage
Local assessors in Clifton, NJ have categorized 50 Chatham Terrace as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 10,750 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 860 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 50 Chatham Terrace has a total of 2,462 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 50 Chatham Terrace sold most recently in Aug 15, 1997 for a total of $192,500. If you work out the math, that's approximately a cost of $78.19 per sqft. Before that, the property was also sold for $192,500 in Aug 15, 1997. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $15,634 in taxes each year. 50 Chatham Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $273,800. If we break it down further, the land itself was valued at $122,500. Improvements to the property, however, were assessed at a total of $151,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 860
  • Total Building Area: 2,462
  • Building Area: 2,462
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,462
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.247
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : STATHOPOULOS SOTERIOS A
  • Current Owner 2: STATHOPOULOS LUCIA L
  • Previous Owner : BERGER ARTHUR
  • Previous Owner 2: BERGER EVELYN
  • Owner Before Previous Owner: BERGER ARTHUR
  • Owner Before Previous Owner 2: BERGER EVELYN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Clifton City School District
  • Census Tract: 124312

Zoning

  • Zoning: R-A1

Geography

  • District: 02
  • Parcel: 02 00063- 01-00060
  • Block: 63.01
  • Lot: 60
  • Municipality: CLIFTON CITY
  • Latitude: 40.8577
  • Longitude: -74.1844

    Address

  • Full Address: 50 Chatham Ter
  • Address - House Number: 50
  • Address - Street Name: Chatham
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Clifton
  • Carrier Code: C076
  • 4-Digit Zip Code: 3904
  • Zip Code: 07013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,634

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 74
  • Final Value: 643,323
  • High Value: 766,140
  • Low Value: 520,506

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $243,000
  • First Open Lien Mortgage Lender: 1ST UNITED MTG
  • First Open Lien Mortgage Recording Date: Aug 25, 1997
  • First Open Lien Mortgage Loan Amount: $143,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 22, 2013
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 419
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 09, 2048

    Market Valuation

  • Market Total Value: $273,800
  • Market Land Value: $122,500
  • Market Improvement Value: $151,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $273,800
  • Assessed Land Value: $122,500
  • Assessed Improvements Value: $151,300

    Sales

  • Current Sale Contract Date: Aug 15, 1997
  • Current Sale Recording Date: Feb 19, 1999
  • Current Sale Transaction ID: 1120486921
  • Current Sale Price: $192,500
  • Current Sale Document Type: Re-recorded Document
  • Current Sale Input Document Number: T36079
  • Previous Sale Recording Date: Aug 25, 1997
  • Previous Sale Contract Date: Aug 15, 1997
  • Previous Sale Amount: $192,500
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: 1ST UNITED MTG
  • Previous Mortgage Transaction Date: Aug 25, 1997
  • Previous Mortgage Loan Amount: $143,000
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 50 Chatham Terrace located in?
The 50 Chatham Terrace is a located in the neighborhood of Montclair Heights in Montclair Heights, Clifton.
What is the average sales price for listings in 50 Chatham Terrace?
The average sales price for units in 50 Chatham Terrace is $0 currently.

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